Tokyo Stock Exchange - TSE

AAA

DEFINITION of 'Tokyo Stock Exchange - TSE'

The largest stock exchange in Japan, headquartered in its capital city of Tokyo. The Tokyo Stock Exchange (TSE) was established on May 15, 1878. The exchange has more than 2,200 listed companies, with a combined market capitalization at end-2010 of $3.8 trillion, making it the third-largest in the world by this measure. The exchange is home to the largest and best-known Japanese giants with a global presence, including Toyota, Honda and Mitsubishi.

INVESTOPEDIA EXPLAINS 'Tokyo Stock Exchange - TSE'

At the peak of the Japanese asset price bubble in December, 1989, when the Nikkei 225 index reached a record high of 38,957, the Tokyo Stock Exchange accounted for a staggering 60% of global stock market capitalization. The TSE's combined market capitalization shrank dramatically over the next two decades, as the Japanese economy struggled with a recessionary environment and the Nikkei plunged in value.


The acronym TSE for the Tokyo Stock Exchange should not be confused with Canada's Toronto Stock Exchange, which is known by the acronym TSX.

RELATED TERMS
  1. Kakaku Yusen

    The system of pricing that is used by the Tokyo Stock Exchange. ...
  2. Kaizen

    A philosophy that sees improvement in productivity as a gradual ...
  3. Nikkei

    Short for Japan's Nikkei 225 Stock Average, the leading and most-respected ...
  4. Japan Inc.

    A nickname for the corporate world of Japan that came about during ...
  5. Bahrain Stock Exchange - BSE

    The stock exchange headquartered in Manama, Bahrain. Bahrain ...
  6. Keiretsu

    A Japanese term describing a loose conglomeration of firms sharing ...
RELATED FAQS
  1. No results found.
Related Articles
  1. Forex Education

    What Forex Traders Need To Know About The Yen

    The Japanese Yen possesses some unique qualities that traders should know before jumping in.
  2. Forex Education

    Get To Know The Major Central Banks

    The policies of these banks affect the currency market like nothing else. See what makes them tick.
  3. Bonds & Fixed Income

    Dragons, Samurai Warriors And Sushi On Wall Street

    From samurai to sushi, there's no denying the East Asian influence on investing terminology.
  4. Economics

    Lessons Learned: Comparing The Japanese And U.S. Bubbles

    Find out what the Japanese and U.S. bubbles can tell us about recovering from financial chaos.
  5. Economics

    Tankan Survey Provides Clues To Japanese Economy

    This quarterly survey is crucial for assessing Japan's economic health.
  6. Insurance

    Understanding Japanese Keiretsu

    The structure of major companies in Japan is steeped in tradition and relationships.
  7. Personal Finance

    The Lost Decade: Lessons From Japan's Real Estate Crisis

    Find out what America can learn from Japan's liquidity trap and credit crunch.
  8. Stock Analysis

    What’s The Best Airline Stock In the Industry?

    With many airlines forced to seek bankruptcy protection, Southwest Airlines stands out as having consistently remained profitable throughout its history.
  9. Stock Analysis

    Can Modi Mania Continue?

    Investors are still swooning over India’s new prime minister, Narendra Modi, whose pro-business platform inspired a record voter turnout of 66 percent in May.
  10. Investing

    The Best Way To Approach The Currency Hedge

    Currency is going to continue to be an important factor in investment choices, particularly as the dollar strengthens.

You May Also Like

Hot Definitions
  1. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, engineering, scientific or computer-related duties, as ...
  2. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
  3. Gordon Growth Model

    A model for determining the intrinsic value of a stock, based on a future series of dividends that grow at a constant rate. ...
  4. Cost Accounting

    A type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step ...
  5. Law Of Supply

    A microeconomic law stating that, all other factors being equal, as the price of a good or service increases, the quantity ...
  6. Investment Grade

    A rating that indicates that a municipal or corporate bond has a relatively low risk of default. Bond rating firms, such ...
Trading Center